We don’t need a ‘cedi rescue’, we need a ‘government rescue’ – Ablakwa - News Summed Up

We don’t need a ‘cedi rescue’, we need a ‘government rescue’ – Ablakwa


General News of Sunday, 19 January 2020Source: www.ghanaweb.comWe don’t need a ‘cedi rescue’, we need a ‘government rescue’ – AblakwaSamuel Okudzeto Ablakwa, Member of Parliament for North TonguMember of Parliament for North Tongu, Samuel Okudzeto Ablakwa says recent happenings are clear indications that the country needs an entirely different administration to man the government machinery and make the nation work. His comments come on the back of a recent inauguration of a committee to probe the recurring fall of the cedi as against other currencies, particularly the dollar in recent times. Government through the Finance Ministry established a Forex Development Committee on Friday, that will look into policy measures and interventions to prevent the recurring depreciation of the cedi from assuming the impact of the central bank. In a post on Mr. Ablakwa’s twitter page, he said there is a need for a ‘government rescue’ rather than a ‘cedi rescue’. “It has become as clear as crystal that we do not need a 40-member committee to rescue the Cedi; we need an entirely new Government to rescue the nation.” His post read.


Source: GhanaWeb January 19, 2020 14:48 UTC



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